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Drill Down Into the Data

MedAxiom’s 2024 Cardiovascular Provider Compensation and Production Survey provides insightful year-over-year comparisons. The 2024 report reflects post-pandemic changes to the provider market through shifting practice ownership models, provider compensation and production trends, and the growing importance of team-based care.

Powered by MedAxcess – the cardiovascular industry’s leading proprietary database and business intelligence application – the report highlights compensation and production findings across cardiology, surgery, advanced practice providers and non-clinical compensation.

SURVEY HIGHLIGHTS


  • Nearly 50% of all private practice groups were also part of a private equity portfolio, up from zero a few years ago.
  • For the first time in well over a decade, invasive cardiologists were the top earners in both private and integrated ownership cohorts in median total compensation, with electrophysiology (EP), invasive and interventional cardiologists all exceeding $700,000 per full-time (FT) physician.
  • In 2023, the median compensation for private practice advanced practice providers (APPs) ($126,583) pulled ahead of compensation for APPs in integrated programs ($122,873).
  • Responses to the 2024 survey reflect the expanding diagnostic role of advanced imaging in cardiology as witnessed by the increase in the ratio of advanced imaging to cardiac catheterizations (caths) with the median doubling over five years.

Programs Represented

Providers
(Physicians + APPs)

%

of Private Practice Groups
in a PE Portfolio

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